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1319 Hillcrest Dr
D- Composite 39.52
Why this score? — see what drove the D- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +11.6/30.0
  • ARV discount +7.5/15.0
  • Livability +4.2/5.0
  • Schools +3.9/10.0
  • DSCR +3.4/10.0
  • Rent growth +3.4/5.0
  • 1% rule +3.1/10.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$199,000

1319 Hillcrest Dr · Daytona Beach, FL 32114
2 bd · 1.0 ba · 1,297 sqft · SingleFamily public records · 131 Days on market
Built 1953 9,000 sqft lot

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

NO HOA * PRIME LOCATION * COMPLETELLY REMODELING * SOLAR PANEL Completely updated marble floors, new walls, ready to move this house has a big patio short walking distance from Daytona Racing. Near to the beach close malls, restaurants and many other amenities. Hurry owns this great house for a great price. More than 30K in Solar Panels in place on favor to the new owner save thousands on your electric bill.

Key facts

  • Near to the beach
  • Big patio
  • No hoa

Tags

NO HOAPRIME LOCATIONCOMPLETELLY REMODELINGBIG PATIOSHORT WALKING DISTANCENEAR TO THE BEACH

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/1.0-bath single-family listed at $199k.

Deal economics

  • At list price, monthly cash flow is $-63 ($-761/yr) — negative.
  • To cash-flow at today's rent, offer at most $188k (5.6% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $161k (18.9% below list).
  • Recommended offer: $161k (18.9% below list) — sets the bar for 1% rule.

Location & tenants

  • Location reads 83/100 on livability (#46 in FL, #867 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, cost of living A+; Watch: schools D+, employment D-.
  • Volusia (suburban): math 44% / reading 49% proficiency, ranked #47 of 73 in FL (top 64%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: Rents rising (+3.6%/yr); 310 active listings in the ZIP; 26 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 3,402 units permitted in Volusia County in 2024 (681 in 5+ unit buildings).
  • At $1,613/mo this rent would consume 46% of the median local household income ($42k/yr) (locally 2772% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
  • Volusia County population projected at +19% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 131 days — a 12% lower offer ($175k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts; this cycle's ask is 5% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
  • Current owner paid $100k; list at $199k implies a 99% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: built in 1953 — expect roof / HVAC / electrical / plumbing capex.
  • Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $161,300 (18.9% below list)

Questions for the listing agent

  1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
  2. It's been on market 131 days. Have you received any prior offers? Is the seller open to a 19% concession, seller financing, or rate buy-down credit?
  3. Built in 1953 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  7. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  8. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  9. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  10. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
0.81%
Cap rate
5.91%
Cash-on-cash
-1.37%
DSCR
0.94
GRM
10.3

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 3.57% rent growth · sell at horizon

5-year hold
IRR
-17.9%
Equity multiple
0.37×
Total profit
$-35,356
Equity at exit
$29,672
10-year hold
IRR
-9.1%
Equity multiple
0.42×
Total profit
$-32,124
Equity at exit
$17,206

Cash invested: $55,720 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
87 Strongly Landlord-Friendly
State Florida
87 Strongly Landlord-Friendly · R+3
County
— inherits STATE
City
— inherits STATE
3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

ZIP-level market 32114

Home prices YoY
-21.8%
Rents YoY
3.6%
Active inventory
310
Price-to-rent
10.3×

Monthly cashflow live

Estimated rent
$1,613 high interval (Pro) →
Mortgage (P&I)
$1,044
Tax from tax record
$211 /mo · $2,535/yr
Insurance
$83
HOA
$0
Vacancy / Maint / Mgmt
$339
Net cashflow
$-63

Break-even live

Break-even rent $1,693
Max offer price $187,791
Occupancy floor 99%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$49,750
Closing costs
$5,970
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 26 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
704 Tennessee St Unit 1 Daytona Beach, FL 2.0 1.0 1479 $1,250 $0.85 23d 1 0.36mi
519 Colfax Dr Daytona Beach, FL 3.0 1.5 1288 $1,700 $1.32 23d 1 0.47mi
802 Lewis Dr Daytona Beach, FL 3.0 1.0 1223 $1,700 $1.39 23d 1 0.48mi
736 White St Daytona Beach, FL 3.0 2.0 1092 $1,799 $1.65 23d 1 0.50mi
165 White Fawn Dr Unit BR2 Daytona Beach, FL 2.0 2.5 1278 $850 $0.67 14d 1 0.58mi
165 White Fawn Dr Unit MB Daytona Beach, FL 2.0 2.5 1278 $895 $0.70 14d 1 0.58mi
155 White Fawn Dr Daytona Beach, FL 2.0 2.5 1278 $1,600 $1.25 23d 1 0.60mi
142 White Fawn Dr Daytona Beach, FL 2.0 2.5 1140 $1,495 $1.31 23d 1 0.62mi
922 Lewis Dr Daytona Beach, FL 3.0 1.0 1034 $1,750 $1.69 23d 1 0.71mi
1017 Wicker Way Daytona Beach, FL 5.0 1.0–3.0 2136 $3,142 $1.47 11d 1 0.73mi
450 Jimmy Ann Dr Daytona Beach, FL 2.0 2.0 1170 $1,632 $1.39 19d 5 0.83mi
1013 Lewis Dr Daytona Beach, FL 3.0 1.5 1475 $1,850 $1.25 23d 1 0.86mi
110 Ponce De Leon Blvd Unit BDRM5 Daytona Beach, FL 3.0 1.0 1779 $750 $0.42 23d 1 0.87mi
1012 Cadillac Dr Daytona Beach, FL 3.0 2.0 1353 $1,650 $1.22 23d 1 0.95mi
875 Derbyshire Rd Daytona Beach, FL 3.0 1.0–2.0 835 $1,141 $1.37 11d 11 1.02mi
550 Ruth St Daytona Beach, FL 3.0 2.0 1114 $1,995 $1.79 11d 1 1.09mi
512 Fulton St Daytona Beach, FL 2.0 1.0 963 $1,600 $1.66 23d 1 1.13mi
1820 Legends Ln Daytona Beach, FL 1.0–3.0 1.0–2.0 1076 $1,905 $1.77 11d 73 1.16mi
601 Vera St Unit 601 Daytona Beach, FL 2.0 1.0 1113 $1,700 $1.53 23d 1 1.24mi
1216 Kennedy Rd Unit 10 Daytona Beach, FL 2.0 1.0 900 $975 $1.08 23d 1 1.28mi
1216 Kennedy Rd Unit 4 Daytona Beach, FL 2.0 1.0 900 $975 $1.08 14d 1 1.28mi
204 S Keech St Daytona Beach, FL 3.0 2.0 1641 $2,250 $1.37 23d 1 1.34mi
1262 Essex Rd Daytona Beach, FL 3.0 2.0 1500 $1,900 $1.27 23d 1 1.35mi
422 N Lincoln St Daytona Beach, FL 3.0 2.0 1354 $2,150 $1.59 23d 1 1.36mi
249 College Park Dr Daytona Beach, FL 2.0 1.0 1000 $1,425 $1.43 21d 1 1.37mi
218 Center St Daytona Beach, FL 3.0 2.0 1234 $2,190 $1.77 21d 1 1.49mi

Listing history 12 events

  1. 2026-06-03
    days on market $199,000 Active 131 DOM
  2. 2026-06-03
    days on market $199,000 Active 130 DOM
  3. 2026-06-01
    days on market $199,000 Active 129 DOM
  4. 2026-05-31
    days on market $199,000 Active 128 DOM
  5. 2026-05-31
    days on market $199,000 Active 127 DOM
  6. 2026-02-06
    price $199,000 419-char remark
    Show marketing remark (419 chars)

    NO HOA * PRIME LOCATION * COMPLETELLY REMODELING * SOLAR PANEL Completely updated marble floors, new walls, ready to move this house has a big patio short walking distance from Daytona Racing. Near to the beach close malls, restaurants and many other amenities. Hurry owns this great house for a great price. More than 30K in Solar Panels in place on favor to the new owner save thousands on your electric bill.

  7. 2026-01-23
    listed $190,000 Active 419-char remark
    Show marketing remark (419 chars)

    NO HOA * PRIME LOCATION * COMPLETELLY REMODELING * SOLAR PANEL Completely updated marble floors, new walls, ready to move this house has a big patio short walking distance from Daytona Racing. Near to the beach close malls, restaurants and many other amenities. Hurry owns this great house for a great price. More than 30K in Solar Panels in place on favor to the new owner save thousands on your electric bill.

  8. 2025-05-23
    soldstatus $99,750 Closed 449-char remark
    Show marketing remark (449 chars)

    Auction Property. AUCTION. LIMITED ACCESS due to poor condition. Affordable, fixer upper offers 2 beds, 1 bath. Home features a large living room, kitchen with ample cabinet space, and a dining area. Home is in poor condition and would require many updates to include floors, roof, ceiling and other cosmetic updates. Home is sold as-is with no property disclosure or inspection reports. Gather your design ideas and make this one your next project.

  9. 2025-03-27
    status Pending 449-char remark
    Show marketing remark (449 chars)

    Auction Property. AUCTION. LIMITED ACCESS due to poor condition. Affordable, fixer upper offers 2 beds, 1 bath. Home features a large living room, kitchen with ample cabinet space, and a dining area. Home is in poor condition and would require many updates to include floors, roof, ceiling and other cosmetic updates. Home is sold as-is with no property disclosure or inspection reports. Gather your design ideas and make this one your next project.

  10. 2025-02-28
    price $105,800 449-char remark
    Show marketing remark (449 chars)

    Auction Property. AUCTION. LIMITED ACCESS due to poor condition. Affordable, fixer upper offers 2 beds, 1 bath. Home features a large living room, kitchen with ample cabinet space, and a dining area. Home is in poor condition and would require many updates to include floors, roof, ceiling and other cosmetic updates. Home is sold as-is with no property disclosure or inspection reports. Gather your design ideas and make this one your next project.

  11. 2025-01-30
    listed $111,300 Active 449-char remark
    Show marketing remark (449 chars)

    Auction Property. AUCTION. LIMITED ACCESS due to poor condition. Affordable, fixer upper offers 2 beds, 1 bath. Home features a large living room, kitchen with ample cabinet space, and a dining area. Home is in poor condition and would require many updates to include floors, roof, ceiling and other cosmetic updates. Home is sold as-is with no property disclosure or inspection reports. Gather your design ideas and make this one your next project.

  12. 1978-12-01
    soldstatus $25,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast FL · Resets to sale price

Current annual tax
$2,535 · $211/mo
Projected year-2 tax
$2,535 · $211/mo
Expected delta
$0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 3/10 Moderate
  • 🌡 Heat 10/10 Extreme 7 d/yr ≥104°F today · 21 d/yr by 30 yrs out
  • 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$19,356
− Mortgage interest
−$11,147
− Property taxes
−$2,535
− Insurance
−$995
− Repairs & maintenance
−$1,548
− Management
−$1,548
− Depreciation
−$5,789
Taxable loss
−$4,207
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,010
After-tax cash flow
$248/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

District
Volusia
NCES district ID
1201920
Math proficiency
44% ▼ -9.00%
Reading proficiency
49% ▼ -3.00%
Median HH income
$42,946
Composite
39.2/100
National rank
#4019
State rank
#47 of 73 in FL

Livability — Daytona Beach

Score
83/100
State rank
#46
US rank
#867

Category grades

Amenities A+ Commute A+ Cost of living A+ Crime C Employment D- Housing A+ Health & safety A+ User ratings D

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Daytona Beach, FL
County
Volusia County · 556,871 people
City population
67,539
Metro
Deltona-Daytona Beach-Ormond Beach, FL
Population (ZIP)
37,747
Household income
$41,736
Rent vs Own
68.5% rent · 31.5% own
Severe rent burden
2772.0

Population outlook (Volusia County) Hauer SSP2

Today (2025)
572,749 people
By 2030
598,695 · +4.5%
By 2040
644,880 · +12.6%
By 2050
681,451 · +19.0%
By 2075
759,957 · +32.7%
By 2100
778,902 · +36.0%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.65)
Race & ethnicity
Black 45% White 36% Hispanic / Latino 11% Two or more races 7% Asian 2%
Hispanic origin (detail)
Mexican 2% Puerto Rican 4%
Common ancestry
Romanian 1% Slovak 1% Lithuanian 1%
Foreign-born
7% · Canada, South Korea
Languages at home
90% English-only · Spanish 7% Arabic 1%

Political lean MEDSL · Volusia

2024 margin
Strong R (+21.8) · D 38.7% · R 60.5%
2008→2024 swing
-27.4pp toward R · 2008: 5.7pp · 2024: -21.8pp
All cycles
2024: R+21.8 2020: R+14.1 2016: R+13.1 2012: R+1.2 2008: D+5.7

Not yet ingested

Civics

Market trends

HPI YoY
▼ -75.93%
Current HPI
272.5149
Rent YoY
▲ 3.57%
Metro
Deltona-Daytona Beach-Ormond Beach, FL
State GDP YoY
▲ 3.28%
F500 in state
36

Industry mix (Fortune 500 HQ in FL)

Industry F500 HQs Revenue

Price history

+696.0% since first listed
7 events — show timeline
  • 2026-02-06 Price Changed $199,000 Stellar MLS as Distributed by MLS Grid
  • 2026-01-23 Listed $190,000 Stellar MLS as Distributed by MLS Grid
  • 2025-05-23 Sold (MLS) $99,750 Stellar MLS as Distributed by MLS Grid
  • 2025-03-27 Pending Stellar MLS as Distributed by MLS Grid
  • 2025-02-28 Price Changed $105,800 Stellar MLS as Distributed by MLS Grid
  • 2025-01-30 Listed $111,300 Stellar MLS as Distributed by MLS Grid
  • 1978-12-01 Sold (Public Records) $25,000 Public Records

Property tax history

+28.2%/yr

Latest (2025): $2,535 · -1.9% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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